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20140228
20140228
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CNBC
Feb 28, 2014 6:00pm EST
, we've already had not one, but two weak payroll numbers in a row, which should have wrought havoc among the industrials, but didn't, because the stocks may have ural universally decided t slowdown was related to january's weather. last month, the stock market's gotten a free pass. but if next week's number is lousy, there will be no free pass this time. even as we all know february had some pretty nasty weather too. so the big boys are making their bets, and they're saying a week number's a hit. so earnings may not be that robust going forward. maybe there'll be those profit warnings. we're almost at that profit warning season. later on, after we award the golden bulls, i'll talk about some industrials that have been strong, however, that strength will perhaps wither if the employment numbers are weaker than some are expecting. even if we get a weak number ton friday, there may be so much worry built into the market by then, that we could actually get a relief rally, as nutty as that sounds, because the worry that started today will at last be over, and that's been known to happen too.
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